Ethereum Intraday: the downside prevails as long as 3500 is resistance
Dec 26, 2024 7:50 AM
the downside prevails as long as 3500 is resistance.
Our pivot point is at 3500.
Our preference:
the downside prevails as long as 3500 is resistance.
Alternative scenario:
above 3500, look for 3587 and 3639.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3458 and 3471).
Supports and resistances:
3639 **
3587 *
3500 **
3465
3426 last
3313
3261 **
3209 *
3157 **
Our preference:
the downside prevails as long as 3500 is resistance.
Alternative scenario:
above 3500, look for 3587 and 3639.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 3458 and 3471).
Supports and resistances:
3639 **
3587 *
3500 **
3465
3426 last
3313
3261 **
3209 *
3157 **
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Ethereum
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-26.20
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